The jackpot for the MEGA Millions draw on Tue Sep 22, 2026, is projected to be $261 Million, with an option for a cash payout of $110.5 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Maryland residents, the state will deduct 8.95% from your lottery earnings.
| Maryland MEGA Millions Jackpot/Cash Option for Tue Sep 22, 2026 |
|---|
| Draw Date | Tue Sep 22, 2026 | | Projected Jackpot | $261,000,000 | | Cash Value | $110,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $110,500,000 | | Federal Tax(24%) | $26,520,000 | | Additional Federal Tax | $14,325,330 | | State Tax(8.95%) | $9,889,750 | | Net Lumpsum Payment | $59,764,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,928,311 |
$1,413,805
$351,584 |
$2,162,922 |
| 2 |
$4,124,844 |
$1,486,523
$369,174 |
$2,269,147 |
| 3 |
$4,331,034 |
$1,562,813
$387,628 |
$2,380,593 |
| 4 |
$4,547,664 |
$1,642,966
$407,016 |
$2,497,682 |
| 5 |
$4,774,995 |
$1,727,079
$427,362 |
$2,620,554 |
| 6 |
$5,013,810 |
$1,815,440
$448,736 |
$2,749,634 |
| 7 |
$5,264,370 |
$1,908,147
$471,161 |
$2,885,062 |
| 8 |
$5,527,719 |
$2,005,586
$494,731 |
$3,027,402 |
| 9 |
$5,804,118 |
$2,107,854
$519,469 |
$3,176,795 |
| 10 |
$6,094,350 |
$2,215,240
$545,444 |
$3,333,666 |
| 11 |
$6,398,937 |
$2,327,937
$572,705 |
$3,498,295 |
| 12 |
$6,718,923 |
$2,446,332
$601,344 |
$3,671,247 |
| 13 |
$7,054,830 |
$2,570,617
$631,407 |
$3,852,806 |
| 14 |
$7,407,702 |
$2,701,180
$662,989 |
$4,043,533 |
| 15 |
$7,778,061 |
$2,838,213
$696,136 |
$4,243,712 |
| 16 |
$8,166,951 |
$2,982,102
$730,942 |
$4,453,907 |
| 17 |
$8,575,155 |
$3,133,138
$767,476 |
$4,674,541 |
| 18 |
$9,003,978 |
$3,291,802
$805,856 |
$4,906,320 |
| 19 |
$9,454,203 |
$3,458,385
$846,151 |
$5,149,667 |
| 20 |
$9,926,874 |
$3,633,274
$888,455 |
$5,405,145 |
| 21 |
$10,423,296 |
$3,816,950
$932,885 |
$5,673,461 |
| 22 |
$10,944,513 |
$4,009,800
$979,534 |
$5,955,179 |
| 23 |
$11,491,569 |
$4,212,211
$1,028,495 |
$6,250,863 |
| 24 |
$12,066,291 |
$4,424,858
$1,079,933 |
$6,561,500 |
| 25 |
$12,669,462 |
$4,648,031
$1,133,917 |
$6,887,514 |
| 26 |
$13,303,170 |
$4,882,503
$1,190,634 |
$7,230,033 |
| 27 |
$13,968,198 |
$5,128,564
$1,250,154 |
$7,589,480 |
| 28 |
$14,666,634 |
$5,386,985
$1,312,664 |
$7,966,985 |
| 29 |
$15,400,044 |
$5,658,347
$1,378,304 |
$8,363,393 |
| 30 |
$16,169,994 |
$5,943,228
$1,447,214 |
$8,779,552 |
|
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